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TECH STOCK SELLOFF ASIA
South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloffSouth Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled ...
What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demandAmazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increase...
Amazon hits $3 trillion market valueAmazon's market value surpassed three trillion dollars for the first time. This milestone places Amazon among only five companies ever to a...
Will Nifty, Sensex extend gains on Monday? 6 factors which will drive D-Street action this weekIndian stock market is expected to extend recent gains this week. The Reserve Bank of India's policy decision will significantly influence ...
Peter Lynch does not like the AI trade; here's why he says 'Know what you own'Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually b...
South Korea July exports beat forecasts on robust demand for AI investmentsSemiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of Chinese memory ch...
Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, glo...
Global Market Today: Asian stocks rise on Korean rally, yen holds gainsAsian stocks advanced as chip shares revived artificial intelligence trade confidence. South Korea's Kospi Index surged over fourteen perce...
Global chip rout: How should investors play India's AI trade that gave up to 400% returns this year?Global AI stocks face a sharp selloff, impacting Indian investor strategies. Indian markets focus on infrastructure like data centers and p...
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh crore gains on D-StreetIndian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occu...
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-StreetIndian stock markets experienced a significant surge on Wednesday, with Sensex and Nifty rising over one percent. This rise occurred despit...
IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
Global Market: European stocks trade flat as tech selloff offsets earnings boost from consumer, luxury firmsEuropean stock markets remained relatively stable despite a notable dip in technology shares. The positive earnings reported from the consu...
Global Market: China stocks slide to one-week low as AI valuation concerns hit tech sharesChinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-...
CXMT's 466% listing pop makes it China's most valuable firmCXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's val...
Chipmaker CXMT vaults to top of China's valuation with 466% surge in Shanghai debutChina's leading memory chipmaker CXMT became the most valuable company in the mainland after soaring 500 percent on its market debut Monday...
Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?Hong Kong's Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concern...